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REGISTERED NUMBER: 04376217 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

WOODLANDS PROPERTY DEVELOPMENT LIMITED

WOODLANDS PROPERTY DEVELOPMENT LIMITED (REGISTERED NUMBER: 04376217)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WOODLANDS PROPERTY DEVELOPMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: V K Gupta-Chaudhary
Mrs N Gupta-Chaudhary





SECRETARY: Mrs N Gupta-Chaudhary





REGISTERED OFFICE: 55 Loudoun Road
London
NW8 0DL





REGISTERED NUMBER: 04376217 (England and Wales)





ACCOUNTANTS: MGR SD Limited
Chartered Accountants
55 Loudoun Road
London
NW8 0DL

WOODLANDS PROPERTY DEVELOPMENT LIMITED (REGISTERED NUMBER: 04376217)

BALANCE SHEET
31 MARCH 2023

31.3.23 31.3.22
Notes £    £   
CURRENT ASSETS
Stocks 4 647,876 647,876
Debtors 5 5,156 9,229
Cash at bank 63,231 18,388
716,263 675,493
CREDITORS
Amounts falling due within one year 6 (394,587 ) (399,458 )
NET CURRENT ASSETS 321,676 276,035
TOTAL ASSETS LESS CURRENT
LIABILITIES

321,676

276,035

CREDITORS
Amounts falling due after more than one
year

7

(134,133

)

(140,533

)
NET ASSETS 187,543 135,502

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 187,443 135,402
SHAREHOLDERS' FUNDS 187,543 135,502

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

WOODLANDS PROPERTY DEVELOPMENT LIMITED (REGISTERED NUMBER: 04376217)

BALANCE SHEET - continued
31 MARCH 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 February 2024 and were signed on its behalf by:




V K Gupta-Chaudhary - Director



Mrs N Gupta-Chaudhary - Director


WOODLANDS PROPERTY DEVELOPMENT LIMITED (REGISTERED NUMBER: 04376217)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


1. STATUTORY INFORMATION

Woodlands Property Development Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Stocks
Stock is valued at the lower of cost and net realisable value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. STOCKS
31.3.23 31.3.22
£    £   
Development properties 647,876 647,876

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Other debtors 5,156 9,229

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts 11,912 11,913
Taxation and social security 12,207 8,017
Other creditors 370,468 379,528
394,587 399,458

Directors' current accounts are considered to be financing transactions.

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Bank loans 134,133 140,533

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more than 5 years 86,484 92,884

WOODLANDS PROPERTY DEVELOPMENT LIMITED (REGISTERED NUMBER: 04376217)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


8. SECURED DEBTS

The following secured debts are included within creditors:

31.3.23 31.3.22
£    £   
Bank loans 146,045 152,446

Bank indebtedness is secured on the properties held as stock. The bank loans will be repayable once the stock is sold. Although the developments are ready for sale, in the current market for commercial reasons the directors have decided to rent the properties.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
100 Ordinary £1 100 100